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Saturday, November 01, 2008

KLCI (31 Oct 2008)

KLCI Monthly Chart

The support at around 800 has been tested and is still holding. It may rebound to the 930-980 region. If the 800 level is broken, then the next support is at 550 to 650.

Major KLSE sectors are still bearish:
Malaysia Longterm Midterm Shorterm
KLCI Down Down Down
Finance Down Down Down
Construction Down Down Down
Plantation Down Down Down
Property Down Down Down
Mesdaq Down Down Down
2nd Board Down Down Down

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